The price dropped around midnight on Tuesday, reaching the bottom point of $241.57 around 04:00 GMT
In the new year, the Forbes magazine has significantly increased its coverage of bitcoin. The periodical began January with an article about the role of bitcoin in the Internet of Things and now continues with tax advice for bitcoin holders and miners.
Zed, a new mobile app launched by ZipZap in 2015, is designed specifically for migrant workers who want to send money home to their families, the company’s website claims.
A new bitcoin platform, Slur, is planning to launch by April 2015 if it gets enough funding. The idea is to create an anonymous marketplace for all kinds of secret information.
An article on MONEY, the financial section of Time’s web portal, explains that big companies like Dell, PayPal, Expedia, and Microsoft partner with bitcoin operators like Coinbase or BitPay in order to accept customer payments in bitcoins.
BitStamp exchange resumed operations after 5-day stop. Management moved main servers of the trading platform from Europe to San-Francisco
The starting price is 30 bitcoins. The video, made in 1992, allegedly shows the future president of Russia, his wife and daughters, and his former patron, Anatoly Sobchak,with his family.
An important digital currency company has joined others in developing the use of NFC technology to promote the use of Bitcoin.
The bitcoin-friendly online gold exchange Amagi Metals has announced that it will pay a portion of salary to its entire staff in Bitcoins. CEO Stephen Macaskill will accept $40,000 of his yearly salary in digital currency.
The recent drop in bitcoin prices does not mean that the digital economy is in crisis. Even if the price of the digital currency dips down to $150, it won’t be the end of Bitcoin – or so says NASDAQ columnist Martin Tillier.
Founder of Bitstamp exchange Nejc Kodrič informed clients of the company, that their balances held before 5th of January are safe. Meanwhile Reddit users are posting messages about movement of stolen bitcoins.
The Vault of Satoshi trading platform has announced the closure of all operations at the beginning of February. The company posted the announcement on its website on the same day that Bitstamp announced a temporary suspension of all operations.
A statement on Bitstamp’s website informs the company’s customers of the loss of 19,000 BTC and temporary suspension of services. Still, there is nothing to worry about, says the company.
The slump in Bitcoin prices at the end of 2014 came at the same time as the Chinese stock market recovered. It might be not a simple coincidence.
Manhattan tour buses are carrying advertisements with references to Bitcoin.
Bitstamp, a major bitcoin exchange, has temporarirly suspended services, reports the company’s official Twitter account.